Monthly Archive: November 2018

Spain, November 6, 2018. Ingeteam, the world-leading supplier of electrical conversion equipment, announced today that it received DNV GL’s certification for its Ingecon®Wind stator-equipped 2MW DFIG converter. With this latest achievement, Ingeteam completes the range of...

State-owned power sector financier Power Finance Corp (PFC) today posted a 10.61% jump in net profit for the quarter ended September at Rs 1,355 crore as compared to Rs 1,225 crore posted in the corresponding quarter last financial year...

State-owned powersector financier Rural Electrification Corporation (REC) announced it has raised $700 million (around Rs 5,140 crore) through a 5-year bond under the 144a bond program in the US. The transaction comes in the backdrop of weak...

NEW DELHI–(BUSINESS WIRE)–Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has signed a letter of award (LOA) for a 300 MW Interstate Transmission System (ISTS) grid connected solar...

SoftBank’s arm SB Energy is close to signing a pact to invest in a 500 megawatt solar power plant being developed by the Essel Group in Rajasthan, according to sources directly involved with the deal. Essel Group is...

MSEDCL’s move to increase cross subsidy surcharge (CSS) on open access industries has yielded results for the discom with industries coming back to its fold. Discom officials also claim that improved consumer service to industries is...

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